Tech Company Financing Transactions
Persystent Technologies Funding Round
Persystent Technologies, based in Tampa, secured $11.6 million from ABS Ventures, Inflexion Partners and Tall Oaks Capital Partners.
Transaction Overview
Company Name
Announced On
6/2/2008
Transaction Type
Venture Equity
Amount
$11,600,000
Round
Series A
Investors
ABS Ventures (James Sanger)
Valhalla Partners (Hooks Johnston)
Proceeds Purpose
The company will use the working capital to expand and accelerate the level of sales and marketing and R&D, where maintaining a solid state of continuous computing is essential.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
3816 W. Linebaugh Avenue 305
Tampa, FL 33618
USA
Tampa, FL 33618
USA
Phone
Website
Email Address
Overview
Persystent Technologies, headquartered in Tampa, FL is the innovator in desktop auto repair and configuration management. The company was founded in 2002. Persystent's technology addresses existing and emerging challenges in the management of end-user systems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thayer Swartwood
Co-Founder
Dhaval Patel
VP - Sales
Len Summa
Browse more venture capital transactions:
Prev: 6/2/2008: CrownPeak venture capital transaction
Next: 6/2/2008: Rox Medical venture capital transaction
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We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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